litigation
confidence high
sentiment neutral
materiality 0.50
Woodbridge Liquidation Trust settles litigation for ~$13M net
Woodbridge Liquidation Trust
- Settles claims against Halloran & Sage LLP and Richard Roberts in Goldberg v. Halloran & Sage case.
- Trust to dismiss claims in exchange for remaining insurance proceeds, expected net ~$13M after fees.
- Settlement subject to California Superior Court good-faith finding; payment due within 21 days of order.
- Settlement does not release claims against any other defendants in the Action.